How a Crypto Gems portfolio may outperform a Crypto Dogs portfolio by 119%
Financial markets are in turmoil and the outlook isn’t brightening. My investments are primarily focused on the crypto space and I probably don’t need to go into the details on why crypto is floundering: global uncertainty from war, massive inflation forcing central bank tightening, negative impact from correlations with the stock market, lack of clear regulations and rules in the space, blah, blah, blah. And while crypto valuations continue suffering, I retain my conviction the space still has exponential growth ahead because I see investing in crypto as an investment in technology.
Talking about crypto in a historical sense is kind of like a ten-year-old saying, “I remember when I was little…” so using history as a guide may be a fool’s errand. However, when an investment class is shunned is typically the best time to invest (insert Warren Buffett quote here). But what are the right projects to buy? Is it better to just invest in Bitcoin and Ethereum? Or is smarter to take some gambles on altcoins that can be the next millionaire-maker?
Pondering these questions, I decided to build two hypothetical portfolios and track how they perform over the next year. One portfolio will be titled the “Crypto Gems” and the other portfolio will be the “Crypto Dogs.” Each portfolio will be split evenly…
